Dear Zoho Books Support Team,

I trust this message finds you well. My name is Mahboob Khan, and I am a user of Zoho Books. I am writing to seek clarification and assistance regarding a specific accounting scenario that I have encountered in the platform.

In our accounting process, we have noticed that when the old dues from the past fiscal year are recorded with the current date, the associated sales are being accounted for in the profit and loss statement of the current fiscal year. Our understanding is that these sales should be reflected in the profit and loss statement of the last fiscal year since they pertain to that period.

To provide a more detailed context:

• Scenario: Recording old dues from the past fiscal year with the current date.
• Issue: Sales associated with these transactions are being included in the profit and loss statement of the current fiscal year.
• Expected Outcome: We believe that the sales from these transactions should be accounted for in the profit and loss statement of the last fiscal year, as they relate to that specific period.

We would appreciate it if you could provide us with guidance on how to appropriately handle such transactions in Zoho Books to ensure accurate financial reporting. Additionally, if there are any best practices or specific settings that we may need to adjust to align with accounting principles, please provide details.

Your prompt attention to this matter is highly appreciated, as it directly impacts the accuracy of our financial records. If there are any additional details or information required from our end to address this issue, please let us know.

Thank you in advance for your assistance, and I look forward to your prompt response.

Best regards,

Mahboob Khan 30830235 Amtech Mechanical and Electrical Trading WLL